Market Overview
Home Prices in Wrenshall, MN
The median home value in Wrenshall, MN is $334,031 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.2% compared to a year ago and up 4.3% from two years prior.
Compared to the U.S. national median of $410,000, homes in Wrenshall are priced19% below average. Wrenshall is part of the Duluth, MN-WI metro area.
Over the past five years, Wrenshall home values have risen by approximately41.6%, reflecting strong long-term appreciation in this market.
Price History
Wrenshall Home Price Trend
City Comparison
Wrenshall vs. National Median
At $334,031, homes in Wrenshall cost 19% below the national median of $410,000. This makes Wrenshall a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Wrenshall?
20% Down Payment
$66,806
on $334,031
Monthly P&I
$1,742/mo
30-yr @ 6.8%
Total Monthly Est.
~$2,212/mo
incl. taxes & insurance
Income Needed
$88,480
gross annual (30% rule)
10% Down Option
$33,403
+ PMI applies
Loan Amount (20% dn)
$267,225
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Wrenshall, MN?
The median home value in Wrenshall is $334,031 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.2% year-over-year.
How much have home prices changed in Wrenshall?
Over the past year, home values in Wrenshall have increased by 3.2%. Over five years, prices have risen approximately 41.6%.
How much do I need to earn to buy a home in Wrenshall?
To comfortably afford the median home price of $334,031 with a 20% down payment ($66,806) at today's rates (6.8%), you'd need a gross annual income of approximately $88,480. This assumes keeping total housing costs at or below 30% of gross income.
How does Wrenshall compare to the national average home price?
The national median home value is approximately $410,000. At $334,031, homes in Wrenshall are 19% below the national average.
What metro area is Wrenshall part of?
Wrenshall is part of the Duluth, MN-WI metropolitan area. Home prices and market conditions can vary across the broader metro region.